Hello forum,
Me and my husband are trying to buy a home with limited credit history, scattered scores and limited employment history.
1) Credit scores: Me: lowest score 654, Husband: 558
2) Employment: Me: nurse since 2012, several gaps in employment (longest 2 mths.), income the same, Husband: same job 2yrs.
3) Collections: Me: 0, Husband: 3, medical bill- $ 3000, 2 utilities- $ 400 total (cable & cellphone)
4) Credit cards: Me: 5, 0 balance on all, 1 late; 2mths ago, Husband: 0
5) Loans: Me: 4, cars $ 27K, student loans $4k- 2 lates; 12 mths ago, Husband: 0
6) Judgements: Me:0, Husband: child support, $278/mth., current
Combined income of $ 5000/mth., 2 children under 18
What are our chances of getting a home loan, which one would be the best to apply for, and would this info qualify for a manufactured home loan?
We live in NC, so manufactured homes are popular here. Any info would be helpful, thanks in advance.
